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JSPL plans to develop Paradip Port for export

8 Dec 2021 16:38 reported by Hazel Chen

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It was reported that Jindal Steel and Power Ltd. (JSPL) planned to invest INR 30 billion to develop the western terminal of Paradip Port for the export of steel from the company's plant in Angul, Odisha.

JSPL is expanding its crude steel production capacity in Angul and planning to increase its production capacity from the current 5.4 million tons to 25.2 million tons annually in the next 9 years.

JSPL’s Managing Director, VR Sharma, expressed that the company’s first choice is Paradip Port, but if it cannot be realized, they hope to develop either the Paradip or Gopalpur port to cope with the steel export of Angul plant in the future.

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